Signet Jewelers Ltd said its normalized net income for the fiscal third quarter ended Oct. 31 was 25 cents per share, compared with the S&P Capital IQ consensus estimate of 39 cents per share.
EPS increased year over year from 7 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $19.8 million, an increase from $5.9 million in the third quarter ended Nov. 1, 2014.
The normalized profit margin rose to 1.6% from 0.5% in the year-earlier period.
Total revenue rose on an annual basis to $1.22 billion from $1.18 billion, and total operating expenses increased on an annual basis to $1.17 billion from $1.16 billion.
Reported net income totaled $15.1 million, or 19 cents per share, compared to a loss of $1.6 million, or a loss of 2 cents per share, in the third quarter ended Nov. 1, 2014.